Late last year we purchased our first multi-family (duplex) and house hacked it and are now under contract to purchase another this month.

Possible reasons to sell could be need cash now, investing in new areas selling single families to buy multi families, retiring.

Say I want to partner with someone to buy a multi for $400k and after all expenses there's $800 pm positive cash flow.  

I'm a SFH wholesaler and I'm looking for some feedback on my analysis of a 6-unit multi-family building located in the western suburbs of Chicago.  

Hi so as I'm looking for multi family duplexs for myself I came across a section on the mls where it says "Tenant pays: Scavenger" what is that referring to exactly?

electric is fine for Multi family, But in an SFR if you want your rent paid in winter put in a gas furnace, cost of electric heat is double $450/mo for electric vs $225/mo for gas for example,  as far as water heaters, the annual cost is about 1/3 more, but not a significant amount of money, as an annual cost to operate is around $350/year.

Initial plan is to acquire a 4-plex and then move on from there into potentially flipping or additional multi-unit properties.

He makes great points financially (Universal Law of Prosperity), and with telling insights to the current banking system both nationally and locally applicable.

On the flip side, if you put systems in place for effective management and screen your tenants thoroughly, you can very well supplement your current income with consistent cashflow. 

New "30 year" roof is good, but what condition are the other systems in the building?